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Their finest hour
Luckily, last Friday a few of us London Insiders were catching up on some overdue work after a week disrupted by one of the biggest full-day conferences we organise, the Xchanging London Market Conference
11 November 2013
Foreign insurers face great challenges in the Chinese market
Foreign insurers are continuing to find China a challenging market to operate in, according to a PricewaterhouseCoopers (PwC) survey.
29 November 2010
PRA criticised over schemes of arrangements stance
Two new pieces of guidance proposed by the Prudential Regulation Authority (PRA) could drive "sensible, viable and profitable businesses" away from the EUR45bn UK legacy market, industry experts have warned
06 November 2013
Aviva could face big fine over trading breaches
There is growing speculation that Aviva plc, the UK's biggest risk carrier by premium volume, will become the next British insurer to receive a large regulatory fine following revelations of trading breaches at the company's Aviva Investors fund management division.
10 March 2014
Highlands cedant creditors agree scheme
The winding up of insolvent UK insurer Highlands Insurance Company (HUK)'s liabilities has moved within sight after cedant creditors agreed to a scheme of arrangement's terms
23 September 2011
Highlands cedant creditors agree scheme
The winding up of insolvent UK insurer Highlands Insurance Company (HUK)'s liabilities has moved within sight after cedant creditors agreed to a scheme of arrangement's terms.
26 September 2011
IASB outlines changes for insurance accounting under IFRS
The International Accounting Standards Board (IASB) outlined proposals to update the accounting standards of insurance contracts in a revised exposure draft issued last week (20 June).
24 June 2013
Politicking continues around UK flood cover
The Association of British Insurers (ABI) said it has reached an impasse in talks with the UK government over the formation of a non-profit risk pool to cover properties at high risk of flooding.
03 December 2012
Reinsurers could rue hours clause extension as UK floods continue
A significant expansion of the hours clause during the 1 January treaty renewals has made reinsurance losses more likely as severe weather continues to afflict the UK.
17 February 2014
Green light for Omnibus II to conclude
EIOPA has published its findings on life insurers' long-term guarantees, one of the main sticking points in getting Solvency II off the ground
17 June 2013
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